Whenever I see something mysterious and with less information available I always bring it to a challenge to find means to at least make the unsolvable with sense. If limited science in me cannot see through the movement of everything then elementary approach may even help to give a guide.
One of my picks was qualified to show that "mad line" was running through a demarcation between all support and resistance the trend was going.
The creation of "mad line" may be an effect of too many known methods of stock pickings and the challenge to me is to make a new approach and find out if it works..to prove it will entail money.
Just bare with my madness =)
I will present 5yr, 3yr, 1yr, 6M chart respectively showing you mad line that will define the demarcation of support and resistance of ATNB
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| 5 yr chart smaller scale showing line of supports since nov2009 and extending it up to date |
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| 3 yr showing a close look. should show you supports and eventually turned resistance at times |
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| 1 yr mad line continue to define the support and resistance |
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| 6M the trend going to test again the line (now resistance) within the trading range of sts signal. However no buy signal on MACD just yet.
NOTE: Just for FUN. TESTING MY MADNESS.
Besides I believe that there will be no more sell down to happen...
HAVE A GREAT WEEKEND EVERYONE
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